Is this the same as losing the item outright?
No. Article 28 describes a taking followed by a sale, and the proceeds of that sale go to the former owner, reduced only by the costs connected with selling the item. You lose possession of the thing, but you are entitled to the net amount it fetches. That makes the sale documents and the cost calculation worth following closely.
Who decides what my item is sold for?
Articles 28 and 294 do not set out a valuation method. What they do say is where the item goes — a commission shop, or a state or cooperative trade shop specially designated for the purpose — and that the proceeds return to you less the sale costs. Because the price itself is not fixed by these articles, the practical check is on the enforcement paperwork rather than on the Code.
The vehicle was leased and is not mine. What now?
Ownership is a separate question from liability for the offence. If the item belongs to a leasing company, an employer or another person, that fact needs to be raised in the case and supported by the contract and registration data. It is not something the file will establish on its own.
Can a hunting rifle be taken this way?
Article 28 states that firearms and ammunition cannot be subject to compensated confiscation where hunting is the person's principal source of subsistence. The exception has to be invoked and evidenced during the proceedings. Separately, Article 294 provides that decisions on firearms and ammunition are executed by the internal affairs bodies rather than through a shop.